Jens Jäpel was today appointed Chief Development Officer ("CDO") by the Supervisory Board of CONSUS Real Estate AG (Consus) as of March 20, 2020. The Management Board of Consus will thus consist of the four members Andreas Steyer (CEO), Benjamin Lee (CFO), Theo Gorens (CRO and Deputy CFO) and Jens Jäpel (CDO).

"We are pleased to have won Jens Jäpel, a proven and experienced expert in project development, as a reinforcement for the work on the Consus Group's Management Board," explains Axel Harloff, Chairman of the Supervisory Board of Consus Real Estate AG.

Since joining the company at the end of 2019, Jens Jäpel has served as general representative of Consus Real Estate AG and as a member of the Board of Directors of Consus Swiss Finance AG.

Jens Jäpel has many years of experience in the development sector, including more than ten years in various management positions for the national and international development business of ECE Projektmanagement GmbH & Co. KG with overall responsibility for the national and international development business.

About Consus Real Estate AG Consus Real Estate AG ("Consus"), with its headquarters in Berlin, is the leading real estate developer in the top 9 cities in Germany. As of 30 September 2019, Consus' development portfolio had a total development volume (GDV) of EUR 10.3 billion. Consus focuses on the development of neighbourhoods and standardised multi-storey residential construction, which are sold to institutional investors through forward sales. Due to its own construction expertise and the digitalisation of construction processes, Consus operates along the entire value chain of real estate development. Consus provides the realisation of projects from planning and execution to handover, property management and related services through its subsidiaries CG Gruppe AG and Consus Swiss Finance AG. The shares of Consus are included in the scale segment of the Frankfurt Stock Exchange and the m:access segment of the Munich Stock Exchange and are traded via XETRA in Frankfurt, among others.

Contact:
phone +49 30 96535790264
press@consus.ag

19.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.